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Ciclo seminarios CEA – MIPP

13:00 horas, Sala Consejo, Beauchef 851, Torre Oriente (4to piso)

El Centro de Economía Aplicada (CEA) y el Instituto Milenio para la Investigación en Imperfecciones de Mercado y Políticas Públicas (MIPP) de la Universidad de Chile invitan a su ciclo de seminarios programados para el segundo semestre del año.

Invitado: Felipe González, PUC Chile

Título de la conferencia: “The Economics of Public Pharmacies: Quasi- and Experimental Evidence from Local Markets”

Abstract
Policies to decrease the price of pharmaceuticals are highly debated but evidence about their effectiveness is scarce. We provide the first analysis of a policy that introduces public pharmacies selling pharmaceuticals at reduced prices in local markets in Chile. Using experimental and quasi-experimental methods, we present three findings. First, information about public pharmacies improves consumers’ knowledge of the choice set and knowledge about the attributes of alternatives. Second, the opening of a public pharmacy is associated with increased prices and reduced sales in nearby private pharmacies. Third, an analysis of voting decisions for the mayors who opened these pharmacies reveals a positive evaluation of this policy. We conclude that public pharmacies can change the functioning of pharmaceutical markets but information about alternatives is crucial.

Se solicita a los interesados confirmar asistencia, con el fin de coordinar la solicitud de refrigerios.

Confirmaciones: Olga Barrera / obarrera@dii.uchile.cl